Middle East and Africa Electrical Steel Market – Industry Trends and Forecast to 2030

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Middle East and Africa Electrical Steel Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • May 2023
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Author : Varun Juyal

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Middle East And Africa Electrical Steel Market

Market Size in USD Million

CAGR :  % Diagram

Bar chart comparing the Middle East And Africa Electrical Steel Market size in 2022 - 1539.73 and 2030 - 2705.47, highlighting the projected market growth. USD 1,539.73 Million USD 2,705.47 Million 2022 2030
Diagram Forecast Period
2023 –2030
Diagram Market Size (Base Year)
USD 1,539.73 Million
Diagram Market Size (Forecast Year)
USD 2,705.47 Million
Diagram CAGR
%
Diagram Major Markets Players
  • ArcelorMittal
  • POSCO
  • Voestalpine AG
  • Baosteel Group
  • NIPPON STEEL CORPORATION

Middle East and Africa Electrical Steel Market, By Product Type (Grain Oriented Electrical Steel, Non-Grain Oriented Electrical Steel), Application (Inductors, Motors, Transformers), Thickness (0.23 mm, 0.27 mm, 0.30 mm, 0.35 mm, 0.5 mm, 0.65 mm, Others), Core Losses (Less Than 0.9 w/kg, 90 w/kg to 0.99 w/kg, 1.00 w/kg to 1.29 w/kg, 1.30 w/kg to 1.39 w/kg and Above 1.39 w/kg), Flux Density (Less Than 1.65 Tesla, 1.65 Tesla to 1.69 Tesla, 1.69 Tesla to 1.73 Tesla, 1.73 Tesla to 1.76 Tesla and Above 1.76 Tesla), End User (Automotive, Manufacturing, Energy, Household Appliance, Construction, Fabrication) –Industry Trends and Forecast to 2030.

Middle East and Africa Electrical Steel Market

Middle East and Africa Electrical Steel Market Analysis and Size

Given the increasing demand for energy and power in the industry sector for production and operations in the area, the energy and power segment led the electrical steel market in 2022. Given the increased construction activity in the region, which has increased demand for high-density electrical steel, the above 1.76 tesla category will dominate the electrical steel market in 2022.

The global electrical steel market was valued at USD 1,539.73 million in 2022 and is expected to reach USD 2,705.47 million by 2030, registering a CAGR of 7.30% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Middle East and Africa Electrical Steel Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015- 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Grain Oriented Electrical Steel, Non-Grain Oriented Electrical Steel), Application (Inductors, Motors, Transformers), Thickness (0.23 mm, 0.27 mm, 0.30 mm, 0.35 mm, 0.5 mm, 0.65 mm, Others), Core Losses (Less Than 0.9 w/kg, 90 w/kg to 0.99 w/kg, 1.00 w/kg to 1.29 w/kg, 1.30 w/kg to 1.39 w/kg and Above 1.39 w/kg), Flux Density (Less Than 1.65 Tesla, 1.65 Tesla to 1.69 Tesla, 1.69 Tesla to 1.73 Tesla, 1.73 Tesla to 1.76 Tesla and Above 1.76 Tesla), End User (Automotive, Manufacturing, Energy, Household Appliance, Construction, Fabrication)

Countries Covered

UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa

Market Players Covered

ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine AG (Austria), Baosteel Group (China), NIPPON STEEL CORPORATION (Japan), United States Steel Corporation (U.S.), SAIL (India), TATA Steel (India), Thyssenkrupp AG (Germany), JFE Steel Corporation (Japan), E Steel Sdn.Bhd (Malaysia), Hesteel Group Tangsteel Company (China), ChinaSteel (Taiwan), ESL Steel Ltd. (India), Jiangsu Shagang Group Su ICP (China)., Union Electric Steel Corporation (U.S.), Aperam (Luxemborg), Cleveland-Cliffs Inc. (U.S.), Slovenian Steel Group (Slovenia), Sko-Die Inc. (U.S.)

Market Opportunities

  • Growth and expansion of end user industries

Market Definition

Electrical steel is an iron alloy with various levels of silicon. It is also known as lamination steel, silicon steel, transformer steel, and relay steel, depending on its composition and application. Its extraordinary magnetic characteristics make it indispensable in spinning and static machinery. Electricity is used in the production of electrical steel to melt scrap steel or iron ore in an electric arc furnace. This technology is substantially cleaner than traditional steelmaking technologies, which use carbon-rich blast furnaces that emit large volumes of CO2. Electric arc furnaces are not only better for the environment, but they are also more efficient, requiring up to 30% less energy than blast furnaces.

Middle East and Africa Electrical Steel Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Growth in the number of transformers and electric stations

Grain oriented electrical steel is expected to grow fast during the forecast period. Grain oriented electrical steel (GOES) is mostly used in transformers and EV charging stations. Because of its high magnetic induction and stacking factor, it requires less material in the core's winding. Its magnetic properties reduce core losses and provide cost-effective options for transformers. There are several classes of GOES available, and they are used in various types of transformers. How the grades differ is determined on their thickness.

  • Huge potential of electric vehicles industry

Companies from several industries are expressing interest in electric car manufacture, owing to the enormous potential growth in the electric vehicle market. For example, Xiaomi said in March 2021 that it intends to build electric automobiles in collaboration with Great Wall Motor. The company anticipates launching its electrified automobiles in 2023.

Opportunities

  • Growth and expansion of end user industries

The expansion of end-use industries has made the market more competitive. To meet the increased demand for the product, industry participants are producing new grades, boosting production, and expanding their reach. For example, ArcelorMittal stated in March 2021 that it will invest EUR 13 million (USD 15.9 million) in its Saint Chély d'Apcher factory in France, which manufactures iCARe electrical steel for the automotive industry.

Restraints/Challenges

  • Fluctuations in raw material prices

For the manufacture and processing of steel products, the steel industry is heavily reliant on raw material supply. Steel is made from a variety of basic resources, including iron ore, coal, industrial gases, and ferroalloys. Steel production and processing can be efficient if raw materials are fairly priced. In contrast, raw material prices are highly volatile. Increases in raw material prices affect steel manufacturing costs, resulting in increased prices for completed steel products such as grain-oriented and non-grain-oriented electrical steel.

This electrical steel market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electrical steel market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In 2021, JFE Steel Corporation inked an agreement with JSW Steel Limited (JSW) to conduct a feasibility study to establish a grain-oriented electrical steel sheet production and sales joint venture in India.

Middle East and Africa Electrical Steel Market Scope

The electrical steel market is segmented on the basis of product type, application, thickness, core losses, flux density and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Grain Oriented Electrical Steel
  • Non-Grain Oriented Electrical Steel
  • Fully Processed
  • Semi-Processed

Application

  • Inductors
  • Motors
  • 1 HP – 100 HP
  • 101 HP – 200 HP
  • 201 HP – 500 HP
  • 501 HP – 1000 HP
  • Above 1000 HP
  • Transformers
  • Transmission
  • Portable
  • Distribution

Thickness

  • 0.23 mm
  • 0.27 mm
  • 0.30 mm
  • 0.35 mm
  • 0.5 mm
  • 0.65 mm
  • Others

Core Losses

  • Less Than 0.9 w/kg
  • 90 w/kg to 0.99 w/kg
  • w/kg to 1.29 w/kg
  • 1.30 w/kg to 1.39 w/kg
  • Above 1.39 w/kg

Flux Density

  • Less Than 1.65 Tesla
  • 1.65 Tesla to 1.69 Tesla
  • 1.69 Tesla to 1.73 Tesla
  • 1.73 Tesla to 1.76 Tesla
  • Above 1.76 Tesla

End User

  • Automotive
  • Manufacturing
  • Energy
  • Household Appliance
  • Construction
  • Fabrication

Middle East and Africa Electrical Steel Market Regional Analysis/Insights

The electrical steel market is analyzed and market size insights and trends are provided by product type, applications, thickness, core losses, flux density and end user as referenced above.

The countries covered in the electrical steel market report are UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Electrical Steel Market Share Analysis

The electrical steel market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electrical steel market.

Some of the major players operating in the electrical steel market are:

  • ArcelorMittal (Luxembourg)
  • POSCO (South Korea)
  • Voestalpine AG (Austria)
  • Baosteel Group (China)
  • NIPPON STEEL CORPORATION (Japan)
  • United States Steel Corporation (U.S.)
  • SAIL (India)
  • TATA Steel (India)
  • Thyssenkrupp AG (Germany)
  • JFE Steel Corporation (Japan)
  • E Steel Sdn.Bhd (Malaysia)
  • Hesteel Group Tangsteel Company (China)
  • ChinaSteel (Taiwan)
  • ESL Steel Ltd. (India)
  • Jiangsu Shagang Group Su ICP (China).
  • Union Electric Steel Corporation (U.S.)
  • Aperam (Luxemborg)
  • Cleveland-Cliffs Inc. (U.S.)
  • Slovenian Steel Group (Slovenia)
  • Sko-Die Inc. (U.S.)


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Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATION

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 KEY TAKEAWAYS

2.2 ARRIVING AT THE MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET SIZE

2.3 VENDOR POSITIONING GRID

2.4 MARKETS COVERED

2.5 GEOGRAPHIC SCOPE

2.6 YEARS CONSIDERED FOR THE STUDY

2.7 RESEARCH METHODOLOGY

2.8 TECHNOLOGY LIFE LINE CURVE

2.9 MULTIVARIATE MODELLING

2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.11 DBMR MARKET POSITION GRID

2.12 MARKET APPLICATION COVERAGE GRID

2.13 DBMR MARKET CHALLENGE MATRIX

2.14 IMPORT AND EXPORT DATA

2.15 SECONDARY SOURCES

2.16 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET : RESEARCH SNAPSHOT

2.17 ASSUMPTIONS

3 MARKET OVERVIEW

3.1 DRIVERS

3.2 RESTRAINTS

3.3 OPPORTUNITIES

3.4 CHALLENGES

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

5.1 RAW MATERIAL COVERAGE

5.2 PRODUCTION CONSUMPTION ANALYSIS

5.3 IMPORT EXPORT SCENARIO

5.4 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS

5.5 PORTER’S FIVE FORCES

5.6 VENDOR SELECTION CRITERIA

5.7 PESTEL ANALYSIS

5.8 REGULATION COVERAGE

5.8.1 PRODUCT CODES

5.8.2 CERTIFIED STANDARDS

5.8.3 SAFETY STANDARDS

5.8.3.1. MATERIAL HANDLING & STORAGE

5.8.3.2. TRANSPORT & PRECAUTIONS

5.8.3.3. HARAD IDENTIFICATION

6 PRICE INDEX

7 ANALYSIS ON SUPPLY AND DEMAND FOR TRANSFORMERS AND THEIR DRIVERS AND RESTRAINS

8 PRODUCTION CAPACITY OVERVIEW

9 SUPPLY CHAIN ANALYSIS

9.1 OVERVIEW

9.2 LOGISTIC COST SCENARIO

9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS

10 CLIMATE CHANGE SCENARIO

10.1 ENVIRONMENTAL CONCERNS

10.2 INDUSTRY RESPONSE

10.3 GOVERNMENT’S ROLE

10.4 ANALYST RECOMMENDATIONS

11 INDUSTRY INSIGHTS

12 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY PRODUCT TYPE, (2022-2031), (USD MILLION)

12.1 OVERVIEW

12.2 GRAIN ORIENTED ELECTRICAL STEEL

12.2.1 GRAIN ORIENTED ELECTRICAL STEEL (CGRO), BY TYPE

12.2.1.1. PG CORE

12.2.1.2. PH CORE

12.3 NON-GRAIN ORIENTED ELECTRICAL STEEL

12.3.1 NON-GRAIN ORIENTED ELECTRICAL STEEL, BY CATEGORY

12.3.1.1. FULLY PROCESSED

12.3.1.2. SEMI-PROCESSED

12.3.2 NON-ORIENTED ELECTRICAL STEEL (CRNGO), BY TYPE

12.3.2.1. PN CORE

12.3.2.2. PNM CORE

13 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY THICKNESS, (2022-2031), (USD MILLION)

13.1 OVERVIEW

13.2 0.23 MM

13.3 0.27 M

13.4 0.30 MM

13.5 0.35 MM

13.6 0.5 MM

13.7 0.65 MM

13.8 OTHERS

14 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY CORE LOSSES, (2022-2031), (USD MILLION)

14.1 OVERVIEW

14.2 LESS THAN 0.9 W/KG

14.3 90 W/KG TO 0.99 W/KG

14.4 1.00 W/KG TO 1.29 W/KG

14.5 1.30 W/KG TO 1.39 W/KG

14.6 ABOVE 1.39 W/KG

15 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY FLUX DENSITY, (2022-2031), (USD MILLION)

15.1 OVERVIEW

15.2 LESS THAN 1.65 TESLA

15.3 1.65 TESLA TO 1.69 TESLA

15.4 1.69 TESLA TO 1.73 TESLA

15.5 1.73 TESLA TO 1.76 TESLA

15.6 ABOVE 1.76 TESLA

16 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY APPLICATION, (2022-2031), (USD MILLION)

16.1 OVERVIEW

16.2 INDUCTORS

16.2.1 BY PRODUCT TYPE

16.2.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.2.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.3 MOTORS

16.3.1 BY PRODUCT TYPE

16.3.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.3.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.3.2 1 HP – 100 HP

16.3.3 101 HP – 200 HP

16.3.4 201 HP – 500 HP

16.3.5 501 HP – 1000 HP

16.3.6 ABOVE 1000 HP

16.4 TRANSFORMERS

16.4.1 BY PRODUCT TYPE

16.4.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.4.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.4.2 BY APPLICATION

16.4.2.1. POWER TRANSFORMERS

16.4.2.2. CURRENT TRANSFORMERS

16.4.2.3. DISTRIBUTION TRANSFORMERS

16.4.2.4. WELDING TRANSFORMERS

16.4.2.5. AUDIO TRANSFORMERS

16.4.2.6. OTHERS

16.5 POWER GENERATORS

16.5.1 BY PRODUCT TYPE

16.5.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.5.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.5.2 BY APPLICATION

16.5.2.1. MOTOR GENERATORS SETS

16.5.2.2. DIESEL

16.5.2.3. GASOLINE

16.6 ELECTRICAL BALLASTS

16.6.1 BY PRODUCT TYPE

16.6.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.6.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.7 BATTERY

16.7.1 BY PRODUCT TYPE

16.7.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.7.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.8 CONVERTORS

16.8.1 BY PRODUCT TYPE

16.8.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.8.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.9 SHUNT REACTORS

16.9.1 BY PRODUCT TYPE

16.9.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.9.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.1 WOUND CORES

16.10.1 BY PRODUCT TYPE

16.10.1.1. GRAIN ORIENTED ELECTRICAL STEEL

16.10.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

16.11 OTHERS

17 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET , BY END USER, (2022-2031), (USD MILLION)

17.1 OVERVIEW

17.2 AUTOMOTIVE

17.2.1 BY PRODUCT TYPE

17.2.1.1. GRAIN ORIENTED ELECTRICAL STEEL

17.2.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

17.3 MANUFACTURING

17.3.1 BY PRODUCT TYPE

17.3.1.1. GRAIN ORIENTED ELECTRICAL STEEL

17.3.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

17.4 ENERGY & POWER

17.4.1 BY PRODUCT TYPE

17.4.1.1. GRAIN ORIENTED ELECTRICAL STEEL

17.4.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

17.5 HOUSEHOLD APPLIANCE

17.5.1 BY PRODUCT TYPE

17.5.1.1. GRAIN ORIENTED ELECTRICAL STEEL

17.5.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

17.6 BUILDING AND CONSTRUCTION

17.6.1 BY PRODUCT TYPE

17.6.1.1. GRAIN ORIENTED ELECTRICAL STEEL

17.6.1.2. NON-GRAIN ORIENTED ELECTRICAL STEEL

17.7 OTHERS

18 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET, BY GEOGRAPHY, 2022-2031, (USD MILLION)

MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)

18.1 MIDDLE EAST AND AFRICA

18.1.1 SOUTH AFRICA

18.1.2 EGYPT

18.1.3 SAUDI ARABIA

18.1.4 UNITED ARAB EMIRATES

18.1.5 ISRAEL

18.1.6 REST OF MIDDLE EAST AND AFRICA

19 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET, COMPANY LANDSCAPE

19.1 COMPANY SHARE ANALYSIS: MIDDLE EAST AND AFRICA

19.2 MERGERS AND ACQUISITIONS

19.3 NEW PRODUCT DEVELOPMENT AND APPROVALS

19.4 EXPANSIONS

19.5 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

20 SWOT ANALYSIS AND DATA BRIDGE MARKET RESEARCH ANALYSIS

21 MIDDLE EAST AND AFRICA ELECTRICAL STEEL MARKET - COMPANY PROFILES

21.1 ARCELORMITTAL

21.1.1 COMPANY SNAPSHOT

21.1.2 PRODUCT PORTFOLIO

21.1.3 REVENUE ANALYSIS

21.1.4 RECENT UPDATES

21.2 TATA STEEL

21.2.1 COMPANY SNAPSHOT

21.2.2 PRODUCT PORTFOLIO

21.2.3 REVENUE ANALYSIS

21.2.4 RECENT UPDATES

21.3 VOESTALPINE AG

21.3.1 COMPANY SNAPSHOT

21.3.2 PRODUCT PORTFOLIO

21.3.3 REVENUE ANALYSIS

21.3.4 RECENT UPDATES

21.4 NIPPON STEEL CORPORATION

21.4.1 COMPANY SNAPSHOT

21.4.2 PRODUCT PORTFOLIO

21.4.3 REVENUE ANALYSIS

21.4.4 RECENT UPDATES

21.5 APERAM

21.5.1 COMPANY SNAPSHOT

21.5.2 PRODUCT PORTFOLIO

21.5.3 REVENUE ANALYSIS

21.5.4 RECENT UPDATES

21.6 ATI

21.6.1 COMPANY SNAPSHOT

21.6.2 PRODUCT PORTFOLIO

21.6.3 REVENUE ANALYSIS

21.6.4 RECENT UPDATES

21.7 BAOSTEEL GROUP HU

21.7.1 COMPANY SNAPSHOT

21.7.2 PRODUCT PORTFOLIO

21.7.3 REVENUE ANALYSIS

21.7.4 RECENT UPDATES

21.8 POSCO

21.8.1 COMPANY SNAPSHOT

21.8.2 PRODUCT PORTFOLIO

21.8.3 REVENUE ANALYSIS

21.8.4 RECENT UPDATES

21.9 THYSSENKRUPP AG

21.9.1 COMPANY SNAPSHOT

21.9.2 PRODUCT PORTFOLIO

21.9.3 REVENUE ANALYSIS

21.9.4 RECENT UPDATES

21.1 AL ITTEFAQ STEEL PRODUCTS CO

21.10.1 COMPANY SNAPSHOT

21.10.2 PRODUCT PORTFOLIO

21.10.3 REVENUE ANALYSIS

21.10.4 RECENT UPDATES

21.11 EZZ STEEL

21.11.1 COMPANY SNAPSHOT

21.11.2 PRODUCT PORTFOLIO

21.11.3 REVENUE ANALYSIS

21.11.4 RECENT UPDATES

21.12 AL AMAZON METAL IND. LLC.

21.12.1 COMPANY SNAPSHOT

21.12.2 PRODUCT PORTFOLIO

21.12.3 REVENUE ANALYSIS

21.12.4 RECENT UPDATES

21.13 AFRICAN EECTRICAL STEEL

21.13.1 SCOMPANY SNAPSHOT

21.13.2 PRODUCT PORTFOLIO

21.13.3 REVENUE ANALYSIS

21.13.4 RECENT UPDATES

22 QUESTIONNAIRE

23 CONCLUSION

24 RELATED REPORTS

25 ABOUT DATA BRIDGE MARKET RESEARCH

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Middle East And Africa Electrical Steel Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Middle East And Africa Electrical Steel Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Middle East And Africa Electrical Steel Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Middle East and Africa Electrical Steel Market is projected to grow at a CAGR of 7.30% during the forecast period by 2030.
The future market value of the Middle East and Africa Electrical Steel Market is expected to reach USD 2,705.47 million by 2030.
The major players in the Middle East and Africa Electrical Steel Market are ArcelorMittal (Luxembourg), POSCO (South Korea), Voestalpine AG (Austria), Baosteel Group (China), NIPPON STEEL CORPORATION (Japan), United States Steel Corporation (U.S.), SAIL (India), TATA Steel (India), etc.
The countries covered in the Middle East and Africa Electrical Steel Market are UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

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